Evraz Group S.A. has completed the acquisition of IPSCO
Inc.’s Canadian assets. To ensure consistency in the North American marketplace,
Evraz also announced the company’s various operations in the United States
and Canada will operate under the name, Evraz, Inc. NA.

The new name impacts the headquarters in Portland, Oregon and all eight
production facilities, including the steel production facilities in Pueblo
Colorado, Regina Saskatchewan and Claymont Delaware; the seamless pipe,
rod and rail mills in Colorado, the plate mills in Claymont, Regina and
Portland, Oregon; the coil processing facility in Surrey, British Columbia;
the structural tubing facility in Portland; the pipe mills in Portland
and Regina; as well as the Alberta pipe mills in Red Deer, Calgary and
Camrose.

Evraz, Inc. NA announced the senior management team:

Jim Clarke, vice president of Tubular Operations, is based in Regina
and will oversee tubular operations in North America, including the Alberta
pipe mills in Calgary, Red Deer and Camrose; as well as the Portland
pipe mill.

Greg Maindonald, vice president and general manager, Evraz Regina Steel,
will have overall responsibility for the Regina steelmaking operations.

Tubular sales will be based in Calgary and Portland. Sales of large diameter
pipe will be headed up by Larry Lawrence, vice president of Tubular Sales,
with Dave Coffin and Rodger Kemp.

Jim Mitchell, director of Oil Country Tubular Goods, will lead the sales
group for medium and small diameter ERW pipe, with John Palazeti.

Scott Montross, vice president general manager, Evraz Oregon Steel, Portland,
Oregon, joined the company in 2003 from National Steel. He is responsible
for North American sales of plate, coil and HSS, as well as the plate
and coil, heat treating and HSS operations in Portland.